Written by queen mudder
Print this

Thursday, 5 February 2009

image for Japanese Ponzi scam maestro bankrupts Emperor Akishit-Ho
Kazutsugi Nami's business role model was NY Ponzi artiste Bernard madoff

Tokyo - (Hari Kari Mess): The Japanese royal family has gone bust after bent 'bedding' trader Kazutsugi Nami, dubbed Tokyo's very own Bernard Madoff Ponzi scam maestro -went down the swanee for $1.4bn.

Emperor Akishit-Ho was L&G Investments CEO Kazutsugi Nami's top customer despite being repeatedly warned that the 'investment' company was actually trading in matresses.

"What the hell, Nami pays 36%, more than good enough for Puppet Chrysanthemum Throne!" an Imperial courtier commented last year in spite of reports that the L&G bedding company was really an euphemism for 'stashing the dosh under the matress'.

Nami, 75, is thought to have swindled more than 37,000 clients including all the Yamato Puppet Dunasty.

"Of course he's just a very junior partner of the global Madoff Ponzi scam," an Interpol source said today.

"We're just waiting for news of Madoff's next tentacle going belly up," the police spoeksman added.

"Eat your heart out the Vatican Bank."

Make queen mudder's day - give this story five thumbs-up (there's no need to register, the thumbs are just down there!)

The story above is a satire or parody. It is entirely fictitious.

Do you dream of being a comedy news writer? Click here to be a writer!

More by this writer

View Story
View Story
View Story
View Story
View Story
View Story


Mailing List

Get Spoof News in your email inbox!


What's 4 multiplied by 2?

6 10 8 13
59 readers are online right now!

Go to top

We use cookies to give you the best experience on our website, this includes cookies from third party websites and advertisers.

Continue ? Find out more